NOT LISTED FOR SALE

26862 N 116th Way Scottsdale, AZ 85262

Dynamite Foothills Neighborhood

Estimated Value: $1,823,000 - $2,360,000

4 Beds
3 Baths
4,046 Sq Ft
$497/Sq Ft Est. Value

Last Sold January 27, 2021

Last sale price $1,250,000 $309 Per Sq Ft

Est. 64% increase in value since last sale

Current estimated payment $11,820/month

344 Days on Market

Highlights

  • Play Pool
  • Solar Power System
  • 1.6 Acre Lot
  • Sonoran Trails Middle School Rated A-
  • Gated Community
  • Mountain View

About This Home

As of January 2021

Warm contemporary nestled on 1.6 Acres offers spectacular sunsets, mountain views and privacy. Energy efficient City of Scottsdale Green Building. Great room plan with Travertine flooring flows seamlessly for indoor/outdoor living. Expansive covered patio with a fireplace overlooks the negative edge pool. Chef's kitchen features custom cabinetry, granite counters, wall ovens, warming drawer, two drawer dishwasher, Subzero refrigerator and Aventi wine refrigerator. Master Suite with forever views, spa tub, walk- in shower and walk-in closet. Spacious secondary ensuite bedrooms with dual vanities, quartz counters, custom shower and walk-in closets. Powder room with polished concrete counter and custom lighting. Laundry room with sink and two storage closets. Garage can accommodate 5 cars.

Last Agent to Sell the Property

Rose Dennison

Russ Lyon Sotheby's International Realty License #SA031885000 Listed on: 02/01/2020

Russ Lyon Sotheby's International Realty

Last Buyer's Agent

Carol Havins

HomeSmart License #SA037486000

HomeSmart

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $6,609

Year Built

  • Built in 2007

Lot Details

  • 1.6 Acre Lot
  • Cul-De-Sac
  • Private Streets
  • Desert faces the front and back of the property
  • Block Wall Fence
  • Corner Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Private Yard

HOA Fees

  • $100 Monthly HOA Fees

Parking

  • 3 Car Direct Access Garage
  • Garage Door Opener

Home Design

  • Contemporary Architecture
  • Built-Up Roof
  • Stucco

Interior Spaces

  • 4,046 Sq Ft Home
  • 2-Story Property
  • Ceiling height of 9 feet or more
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Living Room with Fireplace
  • 2 Fireplaces
  • Mountain Views

Kitchen

  • Eat-In Kitchen
  • Breakfast Bar
  • Electric Cooktop
  • Built-In Microwave
  • Kitchen Island
  • Granite Countertops

Flooring

  • Carpet
  • Stone

Bedrooms and Bathrooms

  • 4 Bedrooms
  • Primary Bathroom is a Full Bathroom
  • 3 Bathrooms
  • Dual Vanity Sinks in Primary Bathroom
  • Bidet
  • Hydromassage or Jetted Bathtub
  • Bathtub With Separate Shower Stall

Eco-Friendly Details

  • Solar Power System

Outdoor Features

  • Play Pool
  • Covered Patio or Porch
  • Outdoor Fireplace

Schools

  • Desert Sun Academy Elementary School
  • Sonoran Trails Middle School
  • Cactus Shadows High School

Utilities

  • Central Air
  • Heating System Uses Natural Gas
  • High Speed Internet
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 81
  • Assessor Parcel Number 216-79-182

Community Details

Overview

  • Association fees include ground maintenance, street maintenance
  • Cornerstone Prop. Association, Phone Number (602) 433-0331
  • Built by Edwards Design Group
  • Desert Summit Subdivision, Custom Floorplan

Security

  • Gated Community

Home Details

Home Type

Single Family

Est. Annual Taxes

$6,609

Year Built

Built in 2007

Lot Details

0

HOA Fees

$100 per month

Parking

3

Listing Details

  • Cross Street: Happy Valley and Alma School
  • Legal Info Range: 5E
  • Property Type: Residential
  • Ownership: Fee Simple
  • HOA #2: N
  • Association Fees Land Lease Fee: N
  • Recreation Center Fee 2: N
  • Recreation Center Fee: N
  • Total Monthly Fee Equivalent: 100.0
  • Basement: N
  • Green Energy Certified Year: 2008
  • Updated Roof: Full
  • Items Updated Roof Yr Updated: 2019
  • Parking Spaces Total Covered Spaces: 3.0
  • Separate Den Office Sep Den Office: N
  • Year Built: 2007
  • Tax Year: 2020
  • Directions: East on Happy Valley, N. on Alma School, East on Jomax, N on 115th St to Desert Summit Gate - Through gate, Right on Cavedale Dr to Four Peaks Dr. Home is on the corner of Four Peaks and 116th Way.
  • Master Model: Custom
  • Property Sub Type: Single Family Residence
  • Horses: No
  • Lot Size Acres: 1.6
  • Subdivision Name: DESERT SUMMIT
  • Architectural Style: Contemporary
  • Efficiency: Solar Panels
  • Property Attached Yn: No
  • Association Fees:HOA Fee2: 300.0
  • Dining Area:Breakfast Bar: Yes
  • Windows:Dual Pane: Yes
  • Cooling:Ceiling Fan(s): Yes
  • Technology:Cable TV Avail: Yes
  • Cooling:Central Air: Yes
  • Water Source City Water: Yes
  • Fireplace Features Fireplace Living Rm: Yes
  • Fireplace Features Gas Fireplace: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Technology:High Speed Internet: Yes
  • Special Features: VirtualTour

Interior Features

  • Flooring: Carpet, Stone
  • Basement YN: No
  • Spa Features: None
  • Appliances: Electric Cooktop
  • Possible Bedrooms: 4
  • Total Bedrooms: 4
  • Fireplace Features: 2 Fireplace, Exterior Fireplace, Living Room, Gas
  • Fireplace: Yes
  • Interior Amenities: High Speed Internet, Granite Counters, Double Vanity, Upstairs, Eat-in Kitchen, Breakfast Bar, 9+ Flat Ceilings, Kitchen Island, Bidet, Full Bth Master Bdrm, Separate Shwr & Tub, Tub with Jets
  • Living Area: 4046.0
  • Stories: 2
  • Window Features: Dual Pane
  • Kitchen Features:Built-in Microwave: Yes
  • Kitchen Features:Kitchen Island: Yes
  • Master Bathroom:Double Sinks: Yes
  • Other Rooms:Great Room: Yes
  • Kitchen Features:Wall Oven(s): Yes
  • Kitchen Features:Walk-in Pantry: Yes
  • KitchenFeatures:Refrigerator: Yes
  • Community Features:Gated: Yes
  • Kitchen Features:Granite Counters: Yes

Exterior Features

  • Fencing: Block
  • Exterior Features: Private Street(s), Private Yard
  • Lot Features: Sprinklers In Rear, Sprinklers In Front, Corner Lot, Desert Back, Desert Front, Cul-De-Sac, Auto Timer H2O Front, Auto Timer H2O Back
  • Pool Features: Play Pool, Private
  • View: Mountain(s)
  • Disclosures: Agency Discl Req, Seller Discl Avail
  • Construction Type: Stucco, Other, Painted
  • Patio And Porch Features: Covered Patio(s)
  • Roof: Built-Up
  • Exterior Features:Covered Patio(s): Yes
  • Exterior Features:Pvt Yrd(s)Crtyrd(s): Yes
  • Exterior Features:Private Street(s): Yes
  • Fireplace Features Exterior Fireplace: Yes

Garage/Parking

  • Total Covered Spaces: 3.0
  • Parking Features: Garage Door Opener, Extended Length Garage, Direct Access, Attch'd Gar Cabinets
  • Attached Garage: No
  • Garage Spaces: 3.0
  • Parking Features:Attch_squote_d Gar Cabinets: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Direct Access: Yes
  • Parking Features:Extended Length Garage: Yes

Utilities

  • Cooling: Central Air, Ceiling Fan(s)
  • Heating: Natural Gas
  • Security: Fire Sprinkler System
  • Cooling Y N: Yes
  • Heating Yn: Yes
  • Water Source: City Water
  • Heating:Natural Gas: Yes

Condo/Co-op/Association

  • Community Features: Gated
  • Association Fee: 300.0
  • Association Fee Frequency: Quarterly
  • Association Name: Desert Summit
  • Phone: 602-433-0331 ext 110
  • Association: Yes

Association/Amenities

  • Association Fees:HOA YN2: Y
  • Association Fees:HOA Transfer Fee2: 300.0
  • Association Fees:HOA Paid Frequency: Quarterly
  • Association Fees:HOA Name4: Desert Summit
  • Association Fees:HOA Telephone4: 602-433-0331 x110
  • Association Fees:PAD Fee YN2: N
  • Association Fees:Cap ImprovementImpact Fee _percent_: $
  • Association Fee Incl:Common Area Maint3: Yes
  • Association Fees:HOA Management Company: Cornerstone Prop.
  • Association Fees:HOA Management Phone: 602-433-0331 x110
  • Association Fees:Cap ImprovementImpact Fee 2 _percent_: $
  • Association Fee Incl:Street Maint: Yes

Fee Information

  • Association Fee Includes: Maintenance Grounds, Street Maint

Schools

  • Elementary School: Desert Sun Academy
  • High School: Cactus Shadows High School
  • Junior High Dist: Cave Creek Unified District
  • Middle Or Junior School: Sonoran Trails Middle School

Lot Info

  • Land Lease: No
  • Lot Size Sq Ft: 69779.0
  • Parcel #: 216-79-182

Green Features

  • GreenEnergy Cert:Scotts Grn Bldg Prog: Yes

Building Info

  • Builder Name: Edwards Design Group

Tax Info

  • Tax Annual Amount: 6609.0
  • Tax Book Number: 216.00
  • Tax Lot: 81
  • Tax Map Number: 79.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Feb 1, 2020
Closed on
Jan 11, 2021
Sold by
Haubner Diana
Bought by
Vernon Jay Laurence and Vernon Lynn
Seller's Agent
Rose Dennison
Russ Lyon Sotheby's International Realty
Buyer's Agent
Carol Havins
HomeSmart
List Price
$1,350,000
Sold Price
$1,250,000
Premium/Discount to List
-$100,000
-7.41%
Current Estimated Value
$2,054,840

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$804,840
Avg. Annual Appreciation
10.99%

Purchase Details

Closed on
Jun 30, 2005
Sold by
Raab Brian K
Bought by
One 16Th Way Corp

Purchase Details

Closed on
Jun 20, 2005
Sold by
One 16Th Way Corp
Bought by
Haubner Kenneth and Haubner Diane

Purchase Details

Closed on
Feb 15, 2005
Sold by
Hulston Stephen J and Hulston Lee Lee
Bought by
Raab Brian K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$301,680
Interest Rate
5.66%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jul 2, 2002
Sold by
Dsa Ii Inc
Bought by
Hulston Stephen J and Hulston Lee Lee

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,500
Interest Rate
6.71%
Mortgage Type
Seller Take Back
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Vernon Jay Laurence $1,250,000 First American Title Ins Co
One 16Th Way Corp -- Grand Canyon Title Agency In
Haubner Kenneth $550,000 Grand Canyon Title Agency In
Raab Brian K $377,110 First American Title Ins Co
Hulston Stephen J $215,000 First American Title Ins Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Vernon Jay Laurence $200,000
Previous Owner Haubner Kenneth $991,000
Previous Owner Haubner Kenneth $991,000
Previous Owner Raab Brian K $301,680
Previous Owner Hulston Stephen J $150,500
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
01/27/2021 01/27/21 Sold $1,250,000 -3.5% $309 / Sq Ft
01/10/2021 01/10/21 Pending -- -- --
02/27/2020 02/27/20 Price Changed $1,295,000 -4.1% $320 / Sq Ft
02/01/2020 02/01/20 For Sale $1,350,000 0.0% $334 / Sq Ft
01/05/2018 01/05/18 Rented $6,995 0.0% --
07/17/2017 07/17/17 For Rent $6,995 +41.3% --
06/14/2015 06/14/15 Rented $4,950 0.0% --
06/03/2015 06/03/15 Under Contract -- -- --
04/13/2015 04/13/15 For Rent $4,950 -- --
Source: Arizona Regional Multiple Listing Service (ARMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $6,285 $114,119 -- --
2024 $6,011 $108,684 -- --
2023 $6,011 $131,230 $26,240 $104,990
2022 $5,791 $98,580 $19,710 $78,870
2021 $6,490 $96,900 $19,380 $77,520
2020 $6,609 $95,680 $19,130 $76,550
2019 $6,566 $95,720 $19,140 $76,580
2018 $6,386 $93,680 $18,730 $74,950
2017 $6,150 $96,660 $19,330 $77,330
2016 $6,123 $93,520 $18,700 $74,820
2015 $5,790 $80,900 $16,180 $64,720
Source: Public Records

Agents Affiliated with this Home

  • Rose Dennison

    Seller's Agent in 2021

    Rose Dennison

    Russ Lyon Sotheby's International Realty

    (602) 697-5809

    1 in this area

    41 Total Sales

    Section Image
  • Carol Havins

    Buyer's Agent in 2021

    Carol Havins

    HomeSmart

    (602) 469-2900

    1 in this area

    30 Total Sales

    Section Image

  • J

    Buyer Co-Listing Agent in 2021

    Jeremy Havins

    HomeSmart

    Section Image
  • Michael Domer

    Seller's Agent in 2018

    Michael Domer

    Compass

    (480) 861-8883

    2 in this area

    239 Total Sales

    Section Image
  • Delania Munro

    Seller Co-Listing Agent in 2018

    Delania Munro

    Compass

    (480) 734-6506

    27 Total Sales

    Section Image

  • M

    Buyer's Agent in 2018

    Mike Domer

    Compass

See All Agents

Map

Source: Arizona Regional Multiple Listing Service (ARMLS)

MLS Number: 6031600

Arizona Regional Multiple Listing Service (ARMLS)

APN: 216-79-182

Arizona Maricopa County Scottsdale 85262 Dynamite Foothills

26862 N 116th Way, Scottsdale, AZ

This home is located at 26862 N 116th Way, Scottsdale, AZ 85262 since 01 February 2020 and is currently estimated at $2,011,163, approximately $497 per square foot. This property was built in 2007. 26862 N 116th Way is a home located in Maricopa County with nearby schools including Desert Sun Academy, Sonoran Trails Middle School, and Cactus Shadows High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Arizona Regional Multiple Listing Service (ARMLS) All information should be verified by the recipient and none is guaranteed as accurate by ARMLS

Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393

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